Dominican Today Forum » Living in the DR » General Info » Would it be good to raise the price of gas and restrict import of cars?
#1 - Posted 9 February 2012, 2:49 PM
Location: United Kingdom, Dominican Republic
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Would it be good to raise the price of gas and restrict import of cars?
DR to spend US$5.4 billion if oil averages $95

If the price of oil averages out at US$95 a barrel this year, the Dominican Republic will have to pay close to US$5.4 billion to keep the country supplied with fuel. At present, the country is importing 154,000 barrels of oil and its derivatives a day, at a cost of US$14,630,000. During the last months of 2011 and the first month of this year, the price of oil was at or over US$100. During the first week of February it was over US$95, and because this is a leap year, with 366 days, the country will have to pay an additional US$14.6 million. According to El Nuevo Diario, when oil prices hit US$147 a barrel in 2008, the world entered into a recession and the cost of importing oil has been the biggest burden that the government has had to bear over the past decade. According to the newspaper, the country does not have the energy resources needed to meet its development demands.

From DR1.

Singapore has much more expensive cars: Turkey has reasonably priced gasoline at about 12 dollars a gallon.

s.
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#2 - Posted 9 February 2012, 6:45 PM
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RE: Would it be good to raise the price of gas and restrict import of cars?
Quote:
Would it be good to raise the price of gas and restrict import of cars?












NO!!!!














Next question?




Edited on 2/9/2012 6:45 PM by anthonyC.
Proof of dreadlocks Bigotry.
"....... what did Cubans do to deserve preferential treatment?......and treat Black people in the most racist of ways.......... the Cubans are just a bunch of uberracist savages."
: I WILL NOT ANSWER ANY POSTS BY THE BIGOTS KNOWN AS DREADLOCKS & iNGLE23
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#3 - Posted 9 February 2012, 7:30 PM
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RE: Would it be good to raise the price of gas and restrict import of cars?
well, ABC, there is your answer. the Professor of economics, friend to the KKubanKlan, has given the definitive professorial answer. now if only he knew the difference between demand and lust.
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#4 - Posted 9 February 2012, 11:15 PM
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RE: Would it be good to raise the price of gas and restrict import of cars?
Quote:
dreadlocks previously said:

well, ABC, there is your answer. the Professor of economics, friend to the KKubanKlan, has given the definitive professorial answer. now if only he knew the difference between demand and lust.



Will he be moving to Singapore any time soon?

http://www.expatsingapore.com/content/view/1152


http://en.wikipedia.org/wiki/Mass_Rapid_Transit_(Singapore)

S.
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#5 - Posted 14 February 2012, 2:19 PM
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RE: Would it be good to raise the price of gas and restrict import of cars?
How much oil do we get from Hugo daily?
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